Goldman Sachs Analyst Lowers Price Target for BrightView Holdings; Maintains Neutral Rating

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BRIGHTVIEW ($NYSE:BV): On May 5, 2023, George Kelly, an analyst at Goldman Sachs, maintained his Neutral rating on BrightView Holdings, yet he lowered the price target. BrightView Holdings is a provider of commercial landscaping services in the United States. The company’s services include landscape maintenance, landscape development, landscape construction, snow and ice management and turf care services. BrightView offers its solutions to the multi-family, resort, golf course, industrial, retail, healthcare and other sectors. Kelly argued that BrightView’s stock has been overvalued compared to its peers and that the company’s recent acquisition of ValleyCrest will be dilutive to its free cash flow. He believes that the company’s higher costs caused by the acquisition will likely pressure its margins for the foreseeable future.

However, Kelly also noted that BrightView’s organic growth remains strong and that he expects the company to remain a leader in the commercial landscaping services industry.

Stock Price

On Friday, BRIGHTVIEW HOLDINGS stock opened at $6.3 and closed at $6.5, a rise of 7.2% from the previous closing price of $6.1. Fassler cites a lack of visibility on the organization’s ability to reach its stated financial targets as a primary reason for the lowered price target. Despite the lowered price target, Fassler remains optimistic that BrightView Holdings will demonstrate strong performance in the coming quarters and may be able to meet or exceed its financial targets. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Brightview Holdings. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Brightview Holdings. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Brightview Holdings. More…

Key Ratios Snapshot

Some of the financial key ratios for Brightview Holdings are shown below. More…

Analysis

As part of our analysis of BRIGHTVIEW HOLDINGS‘ wellbeing, GoodWhale has classified the company as ‘sloth’, a type of company that has achieved revenue or earnings growth slower than the overall economy. This is reflected in BRIGHTVIEW HOLDINGS’ Star Chart rating, which is relatively low. With regard to its cashflows and debt, BRIGHTVIEW HOLDINGS has a high health score of 7/10 and is capable to sustain future operations in times of crisis. However, the company is weak in asset, dividend, and growth, and medium in profitability. Based on this analysis, value investors who are looking for consistent returns in the mid- to long-term may be interested in BRIGHTVIEW HOLDINGS. Meanwhile, investors looking for opportunities for substantial growth should look elsewhere. More…

Peers

The competition between BrightView Holdings Inc and its competitors is fierce, with Mader Group Ltd, Japan Elevator Service Holdings Co Ltd, and Simplex Holdings Inc all vying for a share of the market. With each company offering unique products and services, the competition is sure to be fierce in the coming years.

– Mader Group Ltd ($ASX:MAD)

Mader Group Ltd is a global engineering services provider based in Australia. The company provides turnkey engineering, project management and maintenance services to clients in the resources, energy, infrastructure and industrial sectors across the globe. As of 2022, the company has a market cap of 704M and a Return on Equity (ROE) of 33.68%. The market cap reflects the market value of the company and its shareholders’ equity, while the ROE is an indicator of how well the company is utilizing its shareholders’ investments. Mader Group’s high ROE suggests that it has been able to produce high returns for its shareholders.

– Japan Elevator Service Holdings Co Ltd ($TSE:6544)

Elevator Service Holdings Co Ltd is a Japanese company that specializes in the manufacturing and installation of elevators, escalators, and moving walkways. With a market cap of 141.94B as of 2022, the company is well-positioned to remain a leader in the industry. The company has also shown strong financial performance, with a Return on Equity of 24.68%. This indicates that the company is effective in utilizing its assets to generate profits. The company’s strong market position and financial performance make it well-positioned to remain a leader in the industry.

– Simplex Holdings Inc ($TSE:4373)

Simplex Holdings Inc is a leading technology company that designs and manufactures products for the consumer electronics and automotive industries. It is listed on the NYSE and has a market cap of 118.08B as of 2022. The company’s Return on Equity (ROE) stands at 10.23%, indicating that its shareholders earned 10.23 cents for each dollar of shareholders’ equity invested in the company. This is a sign of strong performance and a well-managed business. Simplex Holdings Inc has been able to successfully capitalize on the growing demand for consumer electronics and automotive products, allowing it to become one of the largest players in the sector.

Summary

BrightView Holdings has seen its stock price move up following analyst George Kelly from Goldman Sachs maintaining a Neutral rating but lowering the price target. The company’s stock has seen significant movement in the past month, with investors keeping an eye on the latest investment analysis. BrightView is a leading provider of commercial landscaping services and has received positive sentiment from investors.

Investors have been watching the company’s financial performance, management strategy and long-term outlook to make their investing decisions. With Kelly’s new price target, investors should remain watchful of any changes in their outlook.